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Bull&Bear | GSIW and Zeo Energy Lead Market Gains Amid Volatility

Mover TrackerThursday, Sep 19, 2024 6:00 pm ET
1min read

Key Performers in the Stock Market:

GSIW rises by 244.93%. This dramatic rise reflects the significant fluctuations experienced by GSIW, marking it as the most volatile Chinese stock in the market.

Zeo Energy (ZEO) increases by 128.07%. Zeo Energy, a solar equipment supplier, saw a remarkable surge, briefly rising over 495% amid ongoing market attention.

Edgewise (EWTX) climbs 54.69%, experiencing a 3-day rise totaling 74.97% over the past three days. Edgewise Therapeutics received confirmation of a buy rating for its EDG-7500, used to treat hypertrophic cardiomyopathy, highlighting its promising efficacy and safety profile.

Rezolve AI (RZLV) up by 47.37%. The company's integration with OpenAI's latest release positions it to offer advanced AI solutions in the retail and commercial sectors, driving the stock upward.

Intuitive Machines (LUNR) rises by 24.23%, marking a 2-day increase of 71.85%. The company secured a major contract worth nearly $5 billion, boosting its stock performance significantly.

Underperforming Stocks:

Progyny (PGNY) falls by 32.65%, with a 2-day decline of 33.68%. The steep drop resulted from the company losing a key client, marking the most substantial decrease for the fertility benefits provider to date.

Intelligent Charging (XCH) declines by 27.49%. After reaching an all-time high, XCH experienced a pre-market drop of nearly 21%, reflecting sensitive market conditions.

4D Molecular (FDMT) decreases by 19.74%. The stock plummeted following the release of follow-up data concerning its mid-stage trials for vision loss treatment candidates.

Atlas Lithium (ATLX) down by 16.17%, with a 2-day fall of 22.04%. Despite retaining a buy rating on lithium mining from Roth MKM, the price target was adjusted down to $25.5, impacting stock performance.

Joint Stock (KSPI) decreases by 16.13%, marking a 2-day drop of 19.20%. A report titled “Kaspi.kz: A Fintech Company Listed on NASDAQ Facilitating Illicit Transfers” by Culper Research raised alarms, contributing to the stock's sharp decline.

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.